The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-22
ON A SAFE AND SOUND BASIS
Why Outside Capitalists Have Strong
Faith in the indianapolis Boom.
The Attention Of Eastern Manufacturers At
tracted to the City's Great Advantages
--ReyieT Of the Real Estate Market.

--Reyiey Of the Real Estate Market.
The trade in real estate during the week Gle
sne last evening WAS very satisfactory. The
wna considerable falling of in the number
sales from the preceding week, and this is .
counted for by real estate men as the result
much conservatism on the part of both buye
ana sellers, more especially the latter. PeoI
seem TO fear that the boom is likely TO becor
upcontrollabls, and q great deal of influence b
been exerted TO keep the market quiet and stead
Kansas City and Wichita are pointed at as &
examples OF the ruinous effects of II
estate excitement Six months ago ca
ital was flowing from all parts OF {
country TO the latter place, and now
is going away faster than il came. eve do Z
want any such q boon ms that" said carei
business man yesterday. eve want outsi
capital to come here, but we want it to come
stay. The men who are looking for safe inve
ments are now beginning to come. and the indu
Yneuts we offer are the kind til at please the
They have found q market on ash foundatit
and they are buying extensively. 1t 10 their
tention TO identify themselves with the city q
become interested In its future prosperity"
The bulk OF the demand In still for suburb
propcftJs sno s"o A"eA eceSso eoo'c4 So :.
more than three Iourtns OF the inquiries are
suitable sites for suburban Ones All kinds
country property within radius of seve
miles Of the city limits IL fa st being put on
sac .n IT FUR me EEK t nf
Ths-a wsra : grea. MANY aaia made that hs
not been recorded yet, and is is estimated Il
in all the transactlons ave aimosb reasL
the previous weeks sales. The only nota
sales recorded during the week were the Newm
Oaks PARK. by William Wallace for SIG, 500; TO
ear iots IN Woodruff Place. 10 Alfred f. Pot
for $4,000, and ktweiye lots oon IN Bruce race
Fnliip =. nutcnIer, 70. eil,ooo 49,
two, aggrseaiing sci. 794.29 The sales, as usr
were nearly all OF outlors- The eeds RECORD
wer, az follows:
r---s--l-. A. N2.--s. m.~~.z
@nnie ounn1lngnamm % MagnS hwy nf
70. ~ a. - fo5;..srSi;s 81 400
squAr wfi - a y. -,i N.rv.
VIZ. Waaaee. Ieeei.er; 70 b pI Tt
berger. ni.een Iots' IA bruce race. Eas@ A SOS
emo 91olnon, etc, Al IN Ino Pons- 800
WIN. Wahsce, peoeivera;, 70 LOUIS NeM
BIasETncse 9 TherntOn's addition. etc, zoo
ga Fletcher 4 g. 70 Edwin a. Vert,
lot g in the Erehsngc Lend Ia Gompany's
suooi'lslon OF ou'Aos 100 IN inoiAnaPo 500
- = 80 - n
4 Ga R,,ssr. ad5;t;on !. InS;anano
1900
In square 4, Of >. A. Fletcher jrs, -,
nort Ws1a soGs.o ;r 70 IN sa,nIsl lem
VIM Haiiaee, recover, 20 Sanuei n. zen
rlngs =. az O. - sa5 a. =, 't t
1n1ianaPons MT company ~Hoion " snn
1nuaannaPsoins. n
FRANK 2yrKn 20 louis 1S'in'snn. 10Y
~ Z. p Eliioe. snDoi'ision OF ou'io' 715c
Frank Byrkit to Louis Hellmann. lot 100.
4 o Einole Saoui'isioh Ok ou'to' oos
william Wallace receiver, to Charles g.
WAFER lObS ~ Ii anu - IN 16Iuplo
- harrison > sqnoivls,o o OF a. 4 l.
fletchers OAK hil aodition' IN Anoian- 100
William a. Hickman to M4rcu: L. Brown,
70 Haughyiile. 22s
Ameha p, Mansur es a. 20 Jonn , osleisn@
soes 4 = sn1 On g ~ney =. IIe.. =;
o. 1aR par. q arsenal h'eisn's auui'on' ~ zoe
tnon1s Pons. - =. - = $3.50
Wn- wallace receiver. TO Anna Mrgns.
lois q 2; ana o, IA nOa'q Frstshs,
OAK hill addition, In lndian,Po1ns,gr ooe
max aT d. e H 70 s,hdiyiso1
psl 1910, 0a Ios ~ = n - InSensnai;s 1ss
OF square ~ IN Anaanapo.s ~o
-yosepe y sharpe, IL 70 Ananaa ~.
subdivision of square IL, in lndiAnAp- oor
Johann 9. Micheltelder to Charles Il Z. II
Reutsch, part OF the west n an OF inc
soutneest quarter OF sec1ion 20,
snip 10 north' OF rAnEe q east eouS oof
wm. Hubbard te wm- Fl Coleman.
~ - n l. Id q Or
James ii. BALDWIN; adIinistrator' to
6rgnlwcoo Mi n r " T naeI ps.' srs. ~
dition TO Briehtwood <o'
Albert karrer TO VIM: M. watson, iot %
in Seatons SUBDIVISION OF pi2ck - IN
- - 81
1 ohs $50, - IN .n5
'onn n s q :; 70 49, ~. - q Hornssav,s al.
54:~s ~ IIo~LrooL 4O(
lsaae =. johnson 70 Jona Do Maahi iOs
.traat adS;tinn 70 Tndisnsnoiis. 36(
wilhelmne D. Bradley to the Chicago: st.
Louis & Pittsburg Railroad Com
psny, lots 10. IL and part OF . IN an
tires subdivision OF part OF bo Is ! 10,
heirs addition 70 lnqanapS Ss;.L iotII 49,
Addison L. Roacne 70 81 tds =; SloI io' Al
o1cE a - ~ ~ John %. Cowcer lots
zoo 900 2O3 and 2OI in johnson &
Horshiros East Washington-street ad-
dtion TO Indianapolis ~
j. George Spahr TO Elizabeth :. Coulter:
lot 81 In Eliza Blakes SUBDIVISION OF CO.
outlot 81. IN lnoianapoIns- - 90 w
Nnaries Newman y. $500 ~ .nhdivision of
IN Dloek - "a 20 1870 10 Indianano-
Johnson nellS PAL,